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How To Calculate Your Monthly Mortgage Payment: A Guide // Mortgage Calculator // Jeff Smith
Monthly payment. Monthly principal and interest payment (PI). Total payments. Total of all monthly payments over the full term of the mortgage. The APR is normally higher than the simple interest rate. Monthly payment. Monthly principal and interest payment (PI). Total payments. Total of all monthly. (PI) based on your original mortgage amount, term and interest rate. Monthly accelerated payment. Scheduled payment plus your additional principal payment.